Topic > The Future of Social Security - 699

As baby boomers continue to reach Social Security age, the U.S. government's financial surplus will gradually shrink into a funding gap, unless rapid intervention is carried out. Reform plans have been mentioned, but so far nothing has been done to make up for the inevitable lack of funding for the future. The sooner the government intervenes on social security, the less severe the reform will have to be. Well-planned adjustments with minimal increments can have the greatest impact on the social security system. Young people and many others are convinced that Social Security will not be there when they reach retirement age. Some argue that it will just become a monthly allowance from the government, not covering all necessary necessities. After years of contributions to the system, the return will be inconsistent for an adequate life. Retirees will have to look elsewhere for their income, including coming out of retirement to pay bills. But what job will seniors take on other than that of a Wal-Mart greeter? Trust in Social Security has been lost. The doctor...